PPI Reclaiming Discussion part 4

pinknico

Does the it say how long the co operative have to pay up and was it signed by an adjudicator?

Only asking so I can try and give you an idea what happens next.

lynn_rogerson

Hi. I followed Martin's advice and was offered £800 from Central Trust for wrongful selling of PPI. I accepted their offer but they have just credited £3000 into my bank. They have written to say it was an admin error and they would like it back. What do I do? In my opinion they must have had this amount on my records or this mistake would not have happened. I am loath to pay it back as they have robbed so many peopleof so much money. Can ayone help please?

di3004

rocjescai wrote: »

Hi can anyone give me a phone number for Loans.co.uk?Thanks!!

Hi there

Not certain if this is the right one but check here:
01244 672 326


If you can keep everything in writing as well, good luck.;)

tiggrae

nunnygirl wrote: »

Afternoon everyone

OH's case with the FOS was decided in his favour (yay!) and we're now just waiting for a reply from the Co-operative to tell us when he's getting what he is owed.

I have one massive problem with this as we still do not know what they are offering and no-one will tell us.

What can I do to get them to tell us this and is there any way I can get them to speed to repayment to us up?

Thanks in advance

I think what pinknico is asking is have you signed an agreement letter (ie have the co -op agreed with the FOS's findings ?

di3004

lynn_rogerson wrote: »

Hi. I followed Martin's advice and was offered £800 from Central Trust for wrongful selling of PPI. I accepted their offer but they have just credited £3000 into my bank. They have written to say it was an admin error and they would like it back. What do I do? In my opinion they must have had this amount on my records or this mistake would not have happened. I am loath to pay it back as they have robbed so many peopleof so much money. Can ayone help please?

Hi there

Not too sure in this case, but due to this being an error, I think they do have a right to request for this back, just as long as they refund you what they owe you.

You could see what others have to say on this matter as well, if you want to, good luck and well done on your success.:beer:;)

tiggrae

lynn_rogerson wrote: »

Hi. I followed Martin's advice and was offered £800 from Central Trust for wrongful selling of PPI. I accepted their offer but they have just credited £3000 into my bank. They have written to say it was an admin error and they would like it back. What do I do? In my opinion they must have had this amount on my records or this mistake would not have happened. I am loath to pay it back as they have robbed so many peopleof so much money. Can ayone help please?

Hi Lynn,

I understand your feelings but if this is a genuine mistake you CANNOT keep that money - people have been jailed for spending money incorrectly credited to their account !! Also, if you accepted £800 this is legally binding upon you - you can't go back and ask for more

marshallka

lynn_rogerson wrote: »

Hi. I followed Martin's advice and was offered £800 from Central Trust for wrongful selling of PPI. I accepted their offer but they have just credited £3000 into my bank. They have written to say it was an admin error and they would like it back. What do I do? In my opinion they must have had this amount on my records or this mistake would not have happened. I am loath to pay it back as they have robbed so many peopleof so much money. Can ayone help please?

Was the £800 for misselling or goodwill? Have they now paid the WHOLE amount back? Just trying to work it out. How did they arrive at £800 in the beginning?

pinknico

lynn_rogerson wrote: »

Hi. I followed Martin's advice and was offered £800 from Central Trust for wrongful selling of PPI. I accepted their offer but they have just credited £3000 into my bank. They have written to say it was an admin error and they would like it back. What do I do? In my opinion they must have had this amount on my records or this mistake would not have happened. I am loath to pay it back as they have robbed so many peopleof so much money. Can ayone help please?

How much was your PPI? Did you sign an acceptance form?

I would give the money back or things could get nasty but thats only my opinion.

tiggrae

marshallka wrote: »

Was the £800 for misselling or goodwill? Have they now paid the WHOLE amount back? Just trying to work it out. How did they arrive at £800 in the beginning?

what matters is if you signed an agreement 'in Full & Final Settlement' of your claim

di3004

marshallka wrote: »

Was the £800 for misselling or goodwill? Have they now paid the WHOLE amount back? Just trying to work it out. How did they arrive at £800 in the beginning?

This did come to mind as well Marshallka, I am wondering how this happened as well.
With being offered the £800 and the bigger amount went in, does make you wonder how this happened and why.